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Federal Reserve Bank of Cleveland
Video
eToro Consultant on Powell’s Jackson Hole Speech: ‘Hawkish as Hell’
Cleveland Federal Reserve President Loretta Mester expects interest rates to rise above 4% in the coming months, according to a CNBC report. eToro Crypto Consultant Glen Goodman explains why the Fed is struggling with taming inflation. Plus, his reactions to Chairman Jerome Powell's Jackson Hole speech.
Video
Cleveland Fed: COVID-19 Stimulus Checks Fueled ‘Modest’ Jump in Bitcoin Price Last Year
The Federal Reserve Bank of Cleveland reported Friday only 0.02% of COVID-19 stimulus checks ended up in bitcoin, saying the relief funds fueled a “significant but modest effect” in bitcoin trading volume and price. “The Hash” panel digs into the data, discussing the role of crypto as a potential store of value.
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